Thursday, December 31, 2009
Weekly claims for unemployment continue to decline, and at a fairly impressive pace. This is undeniable evidence of ongoing improvement in the economy. It's something to cheer tonight as we toast the end of a bad year. It was a dreadful year for the millions of people who lost their jobs. But it ended up being a whole lot less bad than the great majority of people imagined it would be. That's the good news.
Posted by Scott Grannis at 8:49 AM